The governor announced the appointment of a “Clean Energy Czar” to figure out financing of certain renewable technologies. Richard L. Kauffman, former senior advisor to U.S. Energy Secretary Steven Chu, will serve as chair of the newly formed Energy Policy and Finance Sub-Cabinet. He will lead the effort to develop policy and financing strategies to advance the following goals:
- NY Green Bank: The $1 billion Green Bank will leverage public dollars with a private sector match to spur the clean economy.
- Extend NY-Sun Solar Jobs: The program will be expanded at $150 million annually for 10 years to increase solar panel installations for homes and businesses.
- Charge NY Program: The Charge NY Program will invest in an electric car network to reduce reliance on fossil fuels by installing a statewide network of charging stations and providing charging infrastructure tax credits.